DC Finance is proud to present the Tel Aviv Semi Annual TLV Family Office Conference.
With over 150 Ultra and High Net Worth Individuals and Family Office Executives, this is one of the world's largest wealth management events held Annualy at the Tel Aviv stock Exchange (TASE), Tel Aviv.
This prestigious conference provides an annual meeting place for the Israeli wealth family office and high net worth individuals community.
Breakdown: Over 300 guests have attended last year, out of those 80% were high net worth individuals, 10% were senior legal and accounting firm partners, and 10% were single and multi-family office members
Israel's Wealthy: 105,000 millionaires and 18 billionaires (Nov. 2016).
According to a report by Credit Suisse, 17,000 Israelis became millionaires in 2016 alone, an increase of 19% from 2015; However, while the average Israeli's wealth has doubled since 2000, income inequality has steadily risen.
According to a report published by Credit Suisse, approximately 2% of Israelis have holdings in excess of $1 million, while 32% total between $100,000-$1,000,000, 42.5% between $10,000-$100,000 and 23.5% under $10,000.
According to the report, the number of millionaires in Israel, defined as possessing more than $1 million worth of holdings (cash, property and investments), stands at 105,000 people, of which 18 are considered billionaires. This constitutes an increase of 17,000 people, roughly 19%, in the amount of millionaires since 2015. Additionally, 25 people in Israel hold an estimated fortune of $500 million-$1 billion, while 277 people hold between $100-$500 million.
According to the report, in the last 16 years, the average Israeli citizen's wealth has doubled from $92,589 to $176,263. The median wealth of an Israeli citizen stood at only $54,384—about a third of the average wealth.
Globes Feb.7th 2017-Julius Baer
Since 2008, Israel is one of the fastest growing economies in the world. According to various International Accounting and Consulting Firms, Israel is one of the top ten markets where the percentage of wealthy individuals (with liquidity exceeding 1M$), is of the highest ratio in comparison to the country's population.
On top of that, "most of this wealthy population is concentrated in the towns of Tel-Aviv, Hertzeliya and Jerusalem.
"The growth derives not only from high tech exits. Israelis are in general entrepreneurs in the fields of real estate and heavy industries as well. It is amazing how many Israelis we meet in various countries. That is why Israel is one of our most strategic markets".
Bank Julius Baer
Among our speakers this year: Dr. Kira Radinsky, Director of Data Science, IL Chief Scientist, eBay, Visiting Professor/Scientist, Technion, Ms. Mitzi Purdue, 3rd Gen, The Sheraton Family & Perdue Chicken, Prince Lorenzo de Medici, Mr. Paul Hutchinson, Businessman, Philanthropist & Founder, Child Liberation Foundation, Hutchinson Family Office, Ms. Adi Sofer-Teeni, CEO, Facebook Israel, Ms. Sharon Foulston,Chairman, Aladdin Ventures | Prof. Raffi Amit, Professor of Entrepreneurship, Academic Director and Committee Chairman, The Wharton Global Family Alliance | Mr. Ilan Sadon, Owner and Co-CEO, Caspa Global Wealth Management | Mr. Ran Artzi, CPA, Managing Partner, Artzi ,Hiba, Elmekiesse, Cohen - Tax Solutions | Adv. Shira Shine, Partner, Michael Shine & Partners, and manager, | Adv. Kfir Imbermann, Manager, Mapital markets Tax and Deducting Tax at Source Department, Euro VAT Israel | Mr. Yigal Rofeh, CPA, Manager, Tax Department, Fahn Kanne Grant Thornton Israel | Mr. Guy Preminger, CPA, Partner and Technology Leader, PwC Israel |Sarit and Tal Berger, Co-Owner, Osher and Osher, Family Enterprise Consulting | Mr. Elhanan Rosenheim, CEO, Profimex| Mr. Dov Moran, entrepreneur, Inventor of the DiskOnKey | Mr. Guy Schory, Entrepreneur, Director, Strategic Ventures and Innovation - eBay | Mr. Yaky Yanay,President and COO, Pluristem Therapeutics Inc | Mr. Meir Fengistein, Member of the Kaveret (Music Band) and Movie Producer | Mr. Yehuda Meshi-Zahav, Founder, ZAKA | Ms. Nava Michael-Tsabari, Phd., Director, Family Business Program at Lahav Executive Education, Tel Aviv University, Third Generation, Strauss family | Ms. Edna Pasher,Phd., Edna Pasher Ph.D & Associates Management Consultants Ltd.